German lawmakers overwhelmingly backed Friday a new bailout plan for Greece after Chancellor Angela Merkel argued that the cash-strapped country would face chaos without a deal.
Following more than three hours of debate, German lawmakers voted 439-119 in favor of opening detailed discussions on the package. There were 40 abstentions.
Though the broad outlines of the bailout were agreed Monday, specific terms will now be thrashed out between Greece and its European creditors. The process is expected to last around four weeks and to lead to Greece getting around 85 billion euros ($93 billion) to help it pay off upcoming debts.
Germany has been the largest single contributor to Greece's bailouts and has taken a hard line, insisting on stringent spending cuts, tax hikes and wide-ranging economic reforms in return.
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